Analyst foresees aggressively priced slim Xbox 360

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If the latest prediction from Wedbush Morgan has it right, prospective Xbox 360 customers may want to hold onto their cash until later this year. Analyst Michael Pachter believes that Microsoft has some impressive product bundles in-store for holiday season 2010.

At bare minimum, the firm anticipates the introduction of a more feature-packed Xbox 360 as the standard SKU, likely with a 250GB hard drive, for $299. Even more probable, according to Pachter, is a slim version of the Xbox 360 with 250GB of storage and Project Natal included for $299.

In case you haven't priced Redmond's offerings in a while, $299 currently gets you an Xbox 360 Elite bundle with a 120GB hard drive, so a sleeker, more capacious console packaged with Microsoft's new motion controller technology would be an astounding deal.

In other news, Microsoft will follow through with plans to pull the plug on original Xbox Live games. You still have a few hours to fire up Halo 2 and hurl a few frags, or you can join the folks over at Giant Bomb as they live-stream the service's final minutes.

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